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20121205
20121213
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CNBC 24
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CSPAN2 6
CSPAN 4
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WRC (NBC) 3
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English 66
Search Results 0 to 49 of about 66 (some duplicates have been removed)
CNBC
Dec 5, 2012 4:00am EST
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
CSPAN
Dec 11, 2012 5:00pm EST
to run the government for eight days. so what do you do the other 357 days? or if you look at the deficit, it will only take care of 7% of the $1 trillion-plus deficit that we have every year. what about the other 93%? so the point being that we can talk about taxes and taxes and taxes, but it's not going to solve the fiscal problems facing our nation. we don't have a taxing problem. we have a spending problem. and so we should have been spending the last three weeks talking about how we're going to take care of the other 93% of the problem. the president should have declared victory three weeks ago, and we wouldn't have had all this lost time between now and right after the election. but i said i wanted to set the record straight. the tax relief reduced the -- the tax relief of 2001 and 2003 reduced the tax burden for virtually every tax-paying american. it did this through across-the-board tax rate reductions, marriage penalty relief, enhancing certain tax provisions for hardworking families such as doubling the child tax credit. since the passage of this tax relief, there's been a conc
CNBC
Dec 11, 2012 11:00pm EST
hope we will get by. i hope they don't mind government intervention in their portfolios. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, as encouraging as the market was this morning, the situation in washington is as discouraging. one after another i started with a new tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give this fellow traveler some ideas? no. they attacked the president. each time when i asked for ideas on what to cut, like right now, lower drug prices or pulling back our army from japan and europe. like every other country in the north does, like pulling back on positions from our army. i got the same response. it is the president's fault. i might have well have been a mannequin. they he want to talk about raising taxes of the rich. but it can't be dismissed as
CSPAN
Dec 11, 2012 1:00pm EST
. we just had an -- we have board of elections. i'm going to talk -- federal government wants to do one thing in a can help us. send us more money to buy new machines. because our machines are old. our maintenance contracts are wearing out. this is all done at the local level. they got us addicted to these new expensive machines and our machines are getting old and there's no federal dollars to replace them. and then, oh, by the way, budgets are being cut. it's going from the federal to the state to the local. and so we had -- we just had an announcement where the county that was cnn was at, said it could be the most important county in ohio, that their board just laid off a third of their work pours. and now they may be able to come back and replace those folks with temporary workers down the road, but it's talent and training and all of those things that we continue to go on the cheap. we can't run a world-class election system on the cheap. it's just not possible. you can't ask a system to do more and more and more and more, have fewer resources, older equipment and less trained peop
CSPAN
Dec 11, 2012 12:00pm EST
-bearing accounts at banks and credit unions. these transaction accounts are used by businesses, local governments, hospitals, and other nonprofit organizations for payroll and other recurrent expenses. and this program provides certainty to businesses in uncertain times. these accounts are also important to our nation's smallest financial institutions. in fact, 90% of community banks with assets under $10 billion have tag deposits. this program allows these institutions to serve the banking needs of the small businesses in their communities, keeping deposits local. in my state of south dakota, i know that the tag program is important to banks, credit unions, and small businesses. our nation's economy is certainly in a different place than it was in 2008 at the height of the financial crisis when this program was created. but with concerns about the fiscal cliff and continued instability in european markets, i believe a temporary extension is needed. therefore, i believe a clean two-year extension makes the most sense. it provides the most certainty for business and financial institutions. it also
CNBC
Dec 11, 2012 6:00am EST
to you. for four years after that, $182 billion buyback. the government offering more than $230 million in shares. the price represents a 2.6% discount. aig closed yesterday. it will raise $7.6 billion. in a statement, treasury's former chief reinstruct during officers jim millstien says no tax player should be pleased with the government had to rescue this company, but all taxpayers should be pleased with today's anounlsment ending the largest of the industry bailouts. but the way, that profit now looking to be about $15.2 billion and people did not expect that we would ever make money on in deal. i don't know if that makes the deal any better. i don't know if all of the anger and frustration that people have had, that people say, okay, we had a profit and we're okay with it. are you okay with it? >> i'm okay with it, yeah. i feel better. i know you haven't seen this movie, but "mr. smith on goes to washington." he said for so long -- >> where were you looking at on the screen? >> i was just reading it. i don't know. you guys of lost me on that last one. >> aig said et wasn't that inte
CSPAN
Dec 6, 2012 11:00pm EST
last point is the u.s. writ large, the government and also civil society organization and others are largely standing on the sideline here. bob's organization put out an excellent report last week people should look at my organization. usip data private study. right now u.s. policy, also civil society and others were sitting on the sidelines here or there was a desire among local forces including younger islamists who want to bring about changes in their political movement in for the large purse sitting on the sidelines here we need to do more. >> we need to move on to the q&a portion here. a few questions from the audience. if you have a question, research and peer to microphone circulating. 10 minutes before we begin to wrap a. >> my name is -- [inaudible] -- washington d.c. what's missing on discussions is the fact that islamists have nothing to offer except for sharia law and muslims are fed up with the sharia law. the other point is there's a new new generation of arabs that face the people. i wrote an article about this, who are very different than their fathers and grandfa
CSPAN
Dec 10, 2012 6:30am EST
we have some kind of government mechanism in place to ensure that to mortgages can always be a portable? i submit that the historical record of the past 70 years suggest that when it comes to housing, congress will have a hard time trusting the market. thank you. [applause] >> great comments. this brings us to our discussants. the first will be tom who has been in the mortgage research business for a mere 35 years. a long-standing critic in government sponsored enterprises and has great perspective on the fateful history which bob is so well chronicled. tom was previously with mortgage guaranty insurance corporation, asset-backed capital research, and wholesale access research and consultancy firm. tom issued early warnings of the increasing risk at fannie mae, about which he was correct, and, of course, ignored. our second discussing, ed pinto is a former executive vice president and chief credit officer of fannie mae, so he's lived in part of his history. as an aei fellow ed has considered groundbreaking research on the contributions of government housing policy for the
CSPAN
Dec 5, 2012 8:00pm EST
, a bloomberg government former members of both parties said negotiators should be able to reach an agreement. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left.
FOX Business
Dec 6, 2012 5:00pm EST
to the government to feed the beast that keeps spending and spending our money. they're allowed to hang onto a small portion of their profits. >> yeah. that is actually not really accurate. there have been numbers of studies, most recently from the organisation for economic co-operation and development but also last year we saw a bill proposed in congress from senator sanders and representative ellison, all of which identify over $10 billion annually that are going to the fossil fuel industry in subsidies. i'm a father too. melissa: congress doesn't have any money. they don't have money to give. the money they have have is my money that they have taken from me. it is company's money they have paid in. it is tax revenue. >> it is our money. melissa: hanging on to earnings, these are deductions rather than sending in even more tax dollars they're paying less tax based on investments they're making. you're calling those things subsidies. that is not congress's money. that is exxon's money it is hanging on to. but they're not taking money back. they're hanging onto the money they have earned. do you und
CNBC
Dec 11, 2012 9:00am EST
" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we need to focus more on entitlements now, and he will not sign any package that doesn't deal with entitlements
CSPAN
Dec 8, 2012 3:35pm EST
, as we try to govern this country in the 21st century. and i look forward to staying in touch with jim and to working with him at the heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in differe
CSPAN
Dec 6, 2012 12:00pm EST
-evaluation. conservatism is an asset, not a liability, as we try to govern this country in the 21st century. and i look forward to staying in touch with jim and to working with him at the heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i
Current
Dec 6, 2012 6:00am PST
republicans hate government and that's why they don't run it very well. >> but they hate government so that's why they don't run it very well. >> right. >> bill press said you can't be in washington without giving you opinion about whether or not we're going off the fiscal cliff, blah, blah blah. and i said the democrats tend to be the responsible party in terms of wanting to govern and then bill says because they hate it, and i say right. why would you make some big operate well that you don't like. >> you are a couple of marksists. >> what did reagan say? the government is the problem. >> right. they don't like the government. >> and i don't suppose the government is anything anybody would ever want to strangle in the bathtub. >> stephanie: no. all right. let's dive in to right-wing world. [♪ circus music ♪] >> stephanie: all right. rush limbaugh. >> folks i'm a little worn-out fed up and very inpatient with these ongoing assaults on the people who work in this country. the current disaster is not teaching people a lesson, nothing will. we're not teaching people to be
CSPAN
Dec 6, 2012 8:00pm EST
self-evaluation. conservatism is an asset, not a liability, as we try to govern this country in the 21st century. and i look forward to staying in touch with jim and to working with him at the heritage foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has be
CNBC
Dec 5, 2012 6:00am EST
increases. we're saying it now like it's normal. 25% of gdp for government spending and you've got bloated government already, you start there. you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, wha
CNN
Dec 6, 2012 9:00am PST
, and has been cause for concern before. not only because the government there might use it, but also because many of these weapons could fall into the hands of terrorists. precisely what are we talking about? first of all, mustard gas. this is an old chemical weapon. it was used in world war i. it doesn't act very quickly, but it's extremely painful. it burns the skin. it can burn the eyes, and when inhaled, it burns the lungs. it can be fatal, but more often is t simply renders an opponent unable to fight anymore, and it can create chronic health problems, like respiratory illness and blindness for the remainder of life for some of the people who are exposed to it. beyond that, let's look at some of the other ideas here. sarin gas is one of the concerns out there. sarin gas attacks the nervous system, and in even small amounts it can cause uncontrolled trembling, then convulsions, then unconsciousness and death. beyond that, there's even concern that they might have vx gas. some scientists consider this one of the most dangerous chemicals on the planet. it was originally developed a
CSPAN
Dec 6, 2012 7:00am EST
from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit card crunch. specifically because of the middle-class. i think if we get those tax cuts centered with them, i do not think the poll would be affected. you have these small companies that are developing, and he is saying have those small companies hire more people and get them involved, but come consumer expenditures. that is partially i think a solution. host: you are calling on the republican line and you think hillary clinton would make a good candidate. would you vote for her in 2016? caller: i think she would be a very vital aspect to the political process. as far as her running for president, 2016 -- god knows
FOX Business
Dec 6, 2012 10:00pm EST
>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russ
FOX News
Dec 8, 2012 11:00am PST
of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute, if you're saying we go over the cliff, nothing happens in december, come january the president will not turn around and insist on the middle class portion of in tax? >> i think if he was allowed to say, look, republicans wouldn't come along on this. >> paul: wait, wait, hold, hold. 20 million people will be hit-- more people would be hit by the alternative minimum tax, for example, if nothing happens. that's, that, and you know where the taxpayers are, james, i hate to tell you they're in your state, in new jersey, connecticut and in new york, and they're in california and illinois. a lot of places where democrats govern, because they have the most deductions at the federal level. >> well, as we've explained many times, the amount of money he can get from his tax rates on the rich, even if he got his buffet tax, it does nothing to solve the deficit problem. so, he knows eventually taxes are going to have to hit the middle class. a number of ways to do that, one is a vat tax, a carbon
MSNBC
Dec 6, 2012 10:00am PST
the size of government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating place to exist, day in and day out? >> i would say to you, i saw the article that you wrote earlier today, governors do -- who are used to having their own planes and flying around their states and controlling their own schedules do find it more challenging in the senate. i came from the state senate in wyoming. i enjoyed the opportunity to work with people on both side of the aisle to discuss the issues and continue to try to move proposals forward that i believe in about. i believe this is a place where you can make an effective difference in the direction of the country. >> now, let'
CNBC
Dec 7, 2012 6:00am EST
% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so the 30 in the gdp accounts is 120. they'll multiply it by four on the dividends income. it's quarter to quarter change at an annualized rate. so it's times four. there is the marginal propensity of those people to ge
CNBC
Dec 6, 2012 6:00am EST
to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m
CNBC
Dec 7, 2012 3:00pm EST
revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue the trends is getting better. as jim pointed out, we need some clarity on the outlook, and the cliff is very important. if we go off the cliff, even if that number had been 250, the numbers still would weaken next year. >> jim, you have to make money in the meantime. where do you put your money? where are you putting money to work right now? >> well, i'm pessimistic. i share austin's view that i think we're going to go off the cliff and push this thing to february with the debt ceiling bill. as that reality comes in, the market is going to continue to struggle. i would avoid risky assets right now. i'd play s
FOX News
Dec 10, 2012 6:00am PST
would be in danger if he is returned to belize. he exposed corrupt government officials there, bill. bill: there have been some questions about his health, even his sanity, since this whole story began. what can we add to that, steve? >> reporter: when he was detained in guatemala he complained of chest pains. his attorney said he might have suffered a minor heart attack. later that story was revised when mcafee said it was simply stress being on the run. >> the problem i had the other day i did not eat for two days. i drank very little liquids. first time in many years i've been smoking nonstop. i stood up, passed out. hit my head on the wall, came to in total confusion. i'm fine now. >> reporter: mcafee's run began last month from belize with his 20-year-old girlfriend after belize officials attempted to question him in the shooting death of a neighbor. bill? bill: steve harrigan with the story out of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hopi
FOX Business
Dec 6, 2012 7:00pm EST
. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house or pentagon elaborating on what the cons -- consequences would be, but having russia back them would be a determined outcome made by the promise of president obama in dealing with russia after winning a second term as he remarked to the russian president thinking they were off micro
CNBC
Dec 10, 2012 9:00am EST
. the government felt in its infinite wisdom that -- >> you think it's a radical tax increase? >> i think so, yeah. i think you'll notice it in your paycheck for certain. >> that's absolutely for sure. >> your first check, second paycheck, then you get the chaos that bowles mentioned. and the chaos is, wow, i have much less to spend. i didn't know this was coming. alternative minimum tax being the silent killer who really understands how much more they have to pay, check at the end of the year. do the math. >> we saw it in the consumer sentiment numbers, and what it will be when the increases actually go through. most of that decline in sentiment that we saw on friday was from households earning more than $75,000. a higher income in this survey, households felt it the most, even though it's not here technically. >> one of the more interesting conversations over the weekend was bob corker saying, let's just go ahead, concede to the tax argument, which would flip the entire spotlight onto entitlements, which is what republicans have been trying to get the discussion to be about over the last couple
CBS
Dec 7, 2012 5:00am EST
with the government already cutting a trillion dollars, the republicans need to give on revenue tax hikes for higher income earners. when derek mcginty asked senator cardin if he'd stay locked in a negotiating room over the holidays, he said absolutely. >> we can't allow us to go off the fiscal cliff. it would be disastrous for our economy. it would be a self-inflicted wound. we've got to get it double. woaf' -- done. we've got to compromised. yes, i think we should stay in a locked room till we get this done. >> you can stay up to date on e fiscal cliff any time on our website wusa9.com. click on the fiscal cliff tab on our home page for more stories on how the cliff could impact you. >>> prince george's county police made an arrest wednesday -- made an arrest in wednesday morning's murder of a teenager in lewisdale. the suspect jose nunez is facing murder charges now. 14-year-old eliezer reyes was killed during a drive by shooting. they. they think this murder is gang related. >>> in virginia prince william county police are searching for a masked sexual predator. the man tricked and assaulted a h
CNBC
Dec 6, 2012 1:00pm EST
to reduce government spending. >> i don't want to belabor the point on people going home but i assume an awful lot of members who have gone home are hearing from their constituents, go back and go to work and solve the problem here, rise above the partisan rancor. >> yes. >> the congress was on a holiday for thanksgiving not that long ago. let's talk though about three areas of real critical importance in this discussion. one is what would you do with respect to reducing the growth of spending in medicare? what specific steps are you willing to put on the table? >> well, let me give you something that -- it's very sensitive. but end of life is where 70% of the medicare dollars go, and yet we have a society where most people will not do a living will. i did a living will with my 90-year-old dad. it was very difficult. he died shortly after. but he told me, hey, do not keep me on life support, it costs a lot of money, plus i don't want it. if do you it, i'll come back and haunt you. but it was a good process. i see as a member of congress so many people who are estranged from their pare
CNBC
Dec 10, 2012 6:00am EST
after the party of sylvia berlusconi withdrew support for monti's government last week. berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the kospi up the most, 1.5 points. >> strong nebs o
CNBC
Dec 6, 2012 7:00pm EST
preeshtd it. and katie pavelich, we appreciate it. >>> egypt's government deployed tanks around the presidential palace today after clashes with protesters killed seven people. in syria, meanwhile, rebels continue to advance on damascus, prompting concern that president assad's regime will respond with chemical weapons. question, should the u.s. intervene in any of these here now is mark ginsburg, former white house middle east advisor. welcome back, mark. here's the thing. we drew a red line, president obama drew a red line over these chemical weapons of mass destruction. at what point do we have to start bombing them to prevent them from moving and utilizes those weapons of mass destruction? when's that happen? >> larry, the fact of the matter is that i already know some of those weapons have been moved and put into the hands of the iranian revolutionary guards operating in syria and also i believe some of it has been sold to hezbollah. so as far as i'm concerned, there's some of that red line that's been crossed. but to answer your question, the fact remains is that if the in
Current
Dec 11, 2012 6:00am PST
the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through the u.s. to drug car tails and nations like iron. the sweatshirt is nice and all but i could use a golden lasso. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the "stephanie miller show"! ♪ i'm walking on sunshine, woe ho ♪ ♪ i'm walking on sunshine, woe ho, it's time to feel good hey all right now ♪ ♪ it's time to feel good ♪ >> stephanie: uh-huh. it is the "stephanie miller show." welcome it to. six minutes after the hour. 1-800-steph-1-2 the phone number toll free from anywhere. stephaniemil
Current
Dec 11, 2012 9:00am PST
. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through every day presents another exciting issue. from financial regulation, fraud on wall street. things everyday exploding around the world that leave no shortage for exciting conversations. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? my agent, tom, said... [ voice of dennis ] ...only allstate sends you a bonus check for every six months you're accident-free... ...but i'm a woman. maybe it's a misprint. does it look like a misprint? ok. what i was trying... [ voice of dennis ] silence. ♪ ♪ ask an allstate agent about the safe driving bonus check. are you in good hands? >> she gets the comedians laughing... >> that's hilarious! >>
CNBC
Dec 6, 2012 6:00pm EST
gratefulness, even if we think the government may be profligate with our money. enough already! i want others to do well too. so don't get the idea -- i'm not against the next guy doing better. the idea is that the small business person that everyone claims to be looking out for and the middle class people everyone pledges to, they do need a chance. but here's what the polls are missing, we are seeing rumblings if washington would stop intruding and go away and agree to a sacrifice. i know some are saying the president's taking a hard line. and i was none too happy with the press conference. if democrats don't get their way, i was preplexed by the rhetoric. as perplexed as grover norquist, the unelected head of the republican party can insist that voting for any tax increase after pledging to his organization not to vote for a tax increase is a death sentence for your political career. listen up, washington, we get a deal, any deal at this point we could have an economic boom that would make the benefits of even a bad deal done far outweigh the cost small business to the middle class, subchap
CNBC
Dec 12, 2012 6:00pm EST
on spending until they see something from the white house. the elected portion of our government is not helping this economy at all. their failure to rise above politics to reach a compromise is now really starting to hurt u.s. economy. in this vacuum, the fed has decided to keep rates low. they stepped in saying listen, business. we are not going to get in your way. we're not going to allow interest rate to go higher until we get many hundreds of thousands of people hired! [ applause ] . ben bernanke has become the jobs commander in chief. we've heard nothing but carping on air in the blog sphere as you the fed's latest actions today. i ska give me a break. bernanke said my legacy will be that i helped people get a job. and i care more about the unemployed than i do about taxing or not taxing the wealthiest 2%. further, bernanke's implied with this action to keep buying bonds. buy buy buy buy buy buy! to force interest rates to stay low until we get to a 6.5% unemployment? well, he's saying he's very worried about our country going over the fiscal cliff. and he's extremely anxio
CNBC
Dec 6, 2012 9:00am EST
. the government finds exporting it is better than keeping it here at home. >> apple as we mentioned in the spotlight today, shares of the tech giant coming off their worst day in four years, sliding back into bear market territory. the one day loss erased nearly $35 billion in market cap. that chunk is bigger than 400 other s&p 500 companies. apple ceo tim cook talked to nbc's brian williams in our rock center exclusive. >> why can't you be a made in america company? >> you know, this i found, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states, next year, we will do one of our existing mac lines in the united states. >> you can see the entire interview with tim cook tonight on rock center, that's 10:00 eastern time on your local nbc station, but for now investors are watching the market. apple shares 5.31, which is close to the main lows. this is clos
Current
Dec 7, 2012 6:00am PST
back by thor fear that the government fails to prevent the fiscal cliff, basically. one those challenges are taken care of, we expect the pace of recovery and job growth to begin to accelerate neck year said one of the key economists. and republicans don't want that. that's the problem. election season never ends for them. they are probably thinking woe can't have the economy turn around because that sets joe biden or whatever up perfectly. mickey you are on the "stephanie miller show." >> caller: howdy. i just want to say a couple of things here that are very serious. the first thing is i'm a gay man in south dakota, and i work for a company -- i applied for in an ad in the paper here in my town where i live and there's a 90-day period that you have to work before you can get the job. so they worked me up to the 90th day and i was fired. and i asked why, and they said well and they all looked at one another like why are we firing him? and i said is it because i'm gay? and they said oh no no, no. and my neighbor across the street is a friend of one of the big b
CBS
Dec 6, 2012 7:00pm EST
on it? >> i'm thinking in the next couple of months. >> reporter: the syrian government has vowed not to use chemical weapons against its own people but it regards the opposition as foreign terrorists. >> pelley: david, thank you. those so-called foreterrorists are actually the syrian people who rose up against the 41-year-old assad family dictatorship. it's estimated 40,000 people have been killed, mostly civilians. one reason assad has held on-- he's had the support of russia but that may be changing. in ireland today, secretary of state hillary clinton, met with the russian foreign minister. it happened at a meeting of the organization for security and cooperation in europe, known as the ocof sce, and margaret brennan is covering for us tonight. margaret. >> reporter: well, scott, officials familiar with those talks say the russians now think that bashar al-assad may not survive the war and they want to have influence in syria if his regime falls, or if he loses control of the chemical weapons inside of his country. u.s. officials are particularly concerned that those weapons c
Current
Dec 12, 2012 9:00am PST
at point is our government going to speak about it. i'm not one to condone removing all guns. we need to have a conversation. >> stephanie: also, i think everybody's going a little crazy around the holidays. i think there are a lot of factors right now. everybody i know is -- we're having mutual bitch session all day on the phone. 17 minutes after the hour. kids, i don't know what we would do without carbonite here at the "the stephanie miller show." t-bone has all of our contacts, guest names and numbers in his computer. you have everything. >> everything. >> stephanie: only reason are you have job security. >> thank you. >> stephanie: you have the jingles and the sound bytes and the music. i have show prep stuff stuff from my book. pictures, sexy liberal stuff. one power outage, one virus one stolen computer, boom, there goes everything you have unless you have carbonite. it is all up there hey hey in the cloud. that's what i'm saying. >> hey hey? >> i think you were mixing your rolling stones. >> stephanie:
CNBC
Dec 10, 2012 3:00pm EST
of the government is trying to do something that isn't working and the other hand is shooting in the foot. i think this is going to be interesting listening to bernanke on wednesday. >> ben has already put it out there there's not a lot the fed can do if we go off the fiscal cliff. you speak to a lot of smart people, rick santelli. >> and he's a smart person as well. >> to feel it's going to be a year of strong dollar or weaker dollar. i ask this because so many companies during their latest earning season have pointed to the strong dollar as a real problem for them if they're a multinational. >> i think the relationship between all the developed countries using printing presses like the dollar, yen, euro, are close to levels and ranges we'll see next year. i think in some of the asian currencies we need to pay more attention to. you can only swim so far in a round pool without banging the edges. that's what you get when you look at the dollar versus the yen or euro. >> thank you. thanks for joining us today. see you guys later. >>> let's get to this big move in natural gas today. sharon epperson
MSNBC
Dec 7, 2012 7:00am PST
faith and credit of the u.s. government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still requires a vote on the debt limit. it doesn't let lawmakers off the hook but it also means that you can't hold the country's economy and full faith and credit hostage every time you want to demand more in cuts or tax increases. >> congressman adam schiff, thank you. >> let me play for you a little exchange from yesterday. >> is there an objection? >> madam, preserving the right to object. matters of this controversy, what we're talking about is a perpetual debt ceiling grant. >> i guess we have a filibuster of his own bill so i object. >> is there objection to the original requ
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